MANAGEMENT

BUISENESS MANAGEMENT

RISK MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The basic areas of coverage offered by home insurance are all the following EXCEPT
A
Personal Property
B
Pets
C
Buildings
D
Liability
Explanation: 

Detailed explanation-1: -In short, homeowners insurance helps protect you, your home and your belongings from a variety of unexpected events. A standard policy includes four key types of coverage: dwelling, other structures, personal property and liability.

Detailed explanation-2: -Damage occurring due to low or zero maintenance and neglect of the property. No cover for damage due to termites, rodents, birds, rot, molds. Although there can be cover for fire and smoke in some circumstances, it doesn’t cover up smoke arising from industrial or agricultural operations.

Detailed explanation-3: -Property insurance includes homeowners insurance, renters insurance, flood insurance, and earthquake insurance.

There is 1 question to complete.